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Tag: Legally Speaking

SCOTUS Extends Relief to Merchants and Consumers, At Least For Now

Tom Clement

On July 1, the United States Supreme Court (SCOTUS) properly ruled against the Federal Reserve Board (Federal Reserve), which was seeking dismissal of a retail merchant lawsuit. The underlying claim is that payment networks have been permitted to charge excessive interchange fees in violation of the Durbin Amendment to the Dodd-Frank Wall Street reform and Consumer Protection Act of 2010.

Credit Card Theft Impacts Most Vulnerable

I was grateful but dismayed to recently receive an article from former MRA employee, current MRA consultant, and great friend to retail, John Mayleben, which highlighted the recent surge in “skimming” of Electronic Benefits Transfer (EBT) cards.